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Wu says that according to official information from Base, the Base Batch 003, a 7-week intensive accelerator program, has now begun. This round received over 1,100 applications, with 12 teams ultimately selected. The projects cover areas such as DeFi, AI, prediction markets, and x402, and will hold an in-person Demo Day in San Francisco on May 19. Base stated that the selected teams will receive dedicated mentorship and funding support, and some projects may receive direct investment from the Base Ecosystem Fund.